Global Breakfast Cereals Packaging Market, By Material Type (Plastics, Paper, Glass and Others), Packaging Type (Rigid Packaging and Flexible Packaging), By Product Type (Ready- to- cook Cereals and Ready- to- eat Cereals), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029.
Market Analysis and Insights : Global Breakfast Cereals Packaging Market
Data Bridge Market Research analyses that the breakfast cereals packaging market will project a CAGR of 4.0% for the forecast period of 2022-2029 and would reach an estimated value of USD 10,700 million by the end of forecast period. The factors driving the growth of the global breakfast cereals packaging market are increased consumption of ready-to-eat cereals and an ever-increasing population, as well as increasing personal disposable income.
The laminated bags protect the goods packed in the bag from moisture and also reduce loss of products such as flours due to leakage, which is typical with plain jute bags used for flour packing. The most hygienic material for packing grains is HDPE and PP woven bags.
The market value is expanding due to rising demand for packaged food items as a result of increased travel and tourism. Global demand for on-the-go breakfast packaging solutions will grow in response to rising demand for sustainable and convenient packaging solutions. The rising female workforce, combined with changing lifestyles, will drive demand for on-the-go breakfast packaging even higher. Rapid urbanisation, combined with manufacturers' increased focus on smart packaging solutions, would indirectly boost the growth rate of the on-the-go breakfast packaging industry. Another major aspect driving growth is the global expansion of the cereal business around the world.
Increased consumer desire for natural and organic foods and beverages, as well as increased awareness of the health advantages of oats and other cereal ingredients, will all contribute to the expansion of the morning cereals market value. Producers' increased focus on product innovation in response to shifting tastes and preferences will also help to drive the growth of the breakfast cereals packaging industry.
However, stringent laws put on the disposal of plastics in response to increased environmental concerns, on the other hand, will stymie the expansion of the breakfast cereal packaging sector. The growth rate of the drinks packaging industry will once again be challenged by fluctuations or instability in raw material prices. breakfast products for on-the-go are more expensive than traditional breakfast foods.
This breakfast cereals packaging market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on breakfast cereals packaging market contact Data Bridge Market Research for an analyst brief, our team will help you take an informed market decision to achieve market growth.
Global Breakfast Cereals Packaging Market Scope and Market Size
Global breakfast cereals packaging market is segmented on the basis of material type, packaging type and product type. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of material type, the breakfast cereals packaging market is segmented into plastics, paper, glass and others. Plastic segment is further sub-segmented into polyethylene (PE), polypropylene (PP), polyvinyl chloride (PVC), polyethylene terephthalate (PET) and others.
- On the basis of packaging type, the breakfast cereals packaging market is segmented into rigid packaging and flexible packaging. Rigid packaging market is sub-segmented into boxes, bottles and jars, cans, trays, folding cartons and others. Flexible packaging segment is further sub-segmented into bags and sacks, pouches and sachets and others.
- On the basis of product type, the global breakfast cereals packaging market is segmented into ready- to- cook cereals and ready- to- eat cereals.
Breakfast Cereals Packaging Market Country Level Analysis
The global breakfast cereals packaging market is analysed and market size insights and trends are provided by country, material type, packaging type and product type referenced above.
The countries covered in the breakfast cereals packaging market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Europe dominates the breakfast cereals packaging market and will continue to flourish its trend of dominance during the forecast period due to the increasing participation of female workforce in this region. Asia-Pacific will however register the highest CAGR for this period Due to the ever-increasing population and growing personal disposable income, urbanisation, globalisation, changing tastes and preferences, and rising demand for consumption breakfast cereal products will create lucrative growth opportunities in this region for the on-the-go breakfast packaging market. The need for breakfast cereal packaging will be fuelled by changing consumer lifestyles and the availability of packaging raw materials.
The country section of the breakfast cereals packaging market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Breakfast Cereals Packaging Market Share Analysis
The breakfast cereals packaging market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to breakfast cereals packaging market.
Some of the major players operating in the breakfast cereals packaging market are Amcor plc, 3M, DuPont, Tetra Laval International S.A., Mondi, Berry Global Inc., Ardagh Group S.A., Bemis Manufacturing Company, Graham Packaging Company, Crown, BALL CORPORATION, Constantia Flexibles, CKS Packaging, Inc., Sonoco Products Company, ProAmpac, Alcoa Corporation, Huhtamäki Oyj, Sealed Air, WINPAK LTD and DS Smith among others.
SKU-